Only in low end GPU ( + APU with Bulldozer next year ) . If all work as intended it seems the new architecture will allready be launched this year on the next high end HD7xxx series cards ( low end HD7K will still use VLIW4 )

we have made allready 2 threads about it in news threads and AMD thread ( next AMD architecture ( AFDS - new AMD architecture unveiled ).

Not i dislike there's one more about it.

Anyway: - yes the next AMD GPU architecture is going to exploit massive parrallel and computing, it bring a lot of innovation too, on paper this architecture can look similar to Fermi, but in reality it seems goes a lot further in many aspect.